Commodity Manager

Machesney Park, United States

Commodity Manager

Company Overview:

Field is a family-owned global supplier of fasteners, "C" commodities, inventory management services, and technical support. We currently have locations in Rockford, IL (headquarters), Texas, South Carolina, Ohio, Oregon, Mexico, and Taiwan. For over 30 years, Field has grown an average of 19% annually because of its dedication to lowering our customers overall cost and improving quality through a technical approach to fasteners. By joining Field, you will experience an exceptional culture built on Integrity, Commitment, Teamwork, Innovation, Flexibility, and Fun!

Field was recognized by INC. magazine as one of the fastest growing privately owned companies in the USA. Field has been recognized nationally by Great Places to Work as one of the Best Small Companies in America, ranking #8 nationally among small companies and #5 nationally among manufacturing/production companies. For several years, Field has been recognized locally by the Rockford Register Star as one of the top Employers in the area.

At Field, having a great culture is more than a priority – it’s everything.

For more information about our culture and company, please watch this Culture Video.

All full-time positions at Field are eligible for benefits including Medical, Dental, Vision, Life Insurance, 401(k), Life Coaching, paid Vacation, paid Holidays, paid Volunteer Time, quarterly Bonuses, and more!

Visit our Careers page for a complete list of benefit offerings.Position Summary:

This position is part of our Sourcing Team and requires results focus and independent thinking. This position is a key member of Field’s Sourcing Team: developing strategic partnerships with assigned suppliers, providing technical reviews and administrative support, performing quoting activities, conducting commodity reviews, managing key supplier metrics, managing quote packages, performing other data analysis related to sourcing and quoting and negotiate on behalf of Field and our customers on total cost.

This requires the person to be organized, detail oriented, a problem solver, driven to grow and expand their role with the company, a strong team player, able to work successfully in a cross-functional environment, and possesses the ability to work with limited direct supervision. Because this position will have direct involvement with suppliers, the person must be comfortable interacting in meetings and on phone calls to both provide and seek vital information.

This position reports to: Sourcing Team Leader

This position has direct reports: None

Location: Rockford, IL / Can work remote

FLSA Hourly/Salary: Starting Salary 70-80K

Essential Functions:

Commit to FIELD’s Mission Statement, Core Values, and Fieldamentals.
Manage the sourcing process for assigned commodities, in the range of $15MM-$20MM.
Provide support to quoting and all sourcing activities.
Manage the inventory management systems with suppliers within commodity responsibilities.
Interface with Sourcing, New Customer Implementations, Account Management, Quality, Engineering, and Sales to provide expertise designed to achieve maximum supply chain efficiency.
Provide corrective action leadership (8D) for sourcing/supplier issues.
Prepare business reviews as needed and visit suppliers on a regular basis (minimum every other year).
Challenge suppliers for cost reductions, to participate in Field inventory programs, challenge them to reduce lead times, and support the quality team in obtaining permanent corrective actions.
Negotiate contracts for long term agreements that would include cost, inventory, quality performance objectives and for the cost side utilizing our cost driver process.

Scout for new potential suppliers by utilize team members in remote locations, fastener shows and/or additional research.

Escalate any concerns that cannot be avoided to Vice President of Supply Chain.

Create and evaluate quotations utilizing the Q-Strat quoting software. Make sourcing recommendations in a timely manner based on Field Fastener strategy.
Perform supplier management relative to inventory management systems with our suppliers, commodity reviews, supplier quality and delivery performance, plus other sourcing duties as assigned to achieve targeted cost savings.

Education, Skills and Experience Required:

High School diploma or GED equivalent
Polite and professional manner.

Mechanical aptitude that can be applied to the technical requirements of this position.
Minimum of 0-2 years of experience in a related role required.

Experience successfully managing multiple projects and always tracking their status.
The ability to work in a fast-paced, team-based environment.
Strong communication skills for interacting with internal team members and external suppliers both domestically and internationally.
Good comprehension skills.
Capable of strategically analyzing and interpreting data.
Willing and motivated to develop skills to take on additional responsibilities.
The ability to work a flexible schedule in order to accommodate large projects.
Sound business decision making ability.
Highly motivated with the ability to work on projects and make sound decisions based on strategic objectives.
Basic blueprint reading ability and interpretation.
Negotiating experience and/or knowledge of negotiating techniques.
Experience creating/evaluating quotations and supplier management.

Ability to work in fast-paced, team-based environment.
Strong Microsoft Word, Excel, Outlook knowledge.
Strong time management skills and detail orientation.
Strong analytical skills.
Strong leadership skills needed to manage processes, projects, and/or people.
Highly motivated, well organized.
Effective presentation skills.
Ability to drive results without a great deal of direct supervision.

Additional Skills Preferred:

Working knowledge of threaded fasteners, preferred.
Some knowledge of “C” class items beneficial.
Previous fastener distribution and/or fastener manufacturing experience, beneficial.
College degree in business, supply chain, economics, finance or related area; or relevant experience equal to a four-year degree is preferred.

Field provides equal employment opportunities to all team members and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

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